OIL looks good for a short. se your strategy to find the entry and exit on this one. If you don't know how to enter and exit this trade, you're not ready to trade live.
Best, Tom_Killick
Note
I expect a nice down move here, igniting into next weeks trading activity.
I recommend using daily/240 for a tighter entry with a better risk reward ratio. Use your strategy to determine the entry and exit levels.
Note
Strong down move since posting, well done to anyone who caught this move to the downside.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.